In accordance with the Deposit Guarantee Law, any customer of a credit union, whether a natural or legal person, is entitled to a disbursement of compensation for all types of deposits in all currencies up to 100 000 euro, with several deposits or several shares of a joint deposit aggregated for the purpose of calculating the guaranteed compensation to be disbursed.
Deposits in foreign currency are converted into euro according to the foreign currency rate used in accounting on the day the deposits become unavailable.
In accordance with Section 3, Paragraph four of the Deposit Guarantee Law, depositors may receive the guaranteed compensation within five years from the date on which the unavailability of deposits at the credit union was declared. After that period, depositors who are eligible for the guaranteed compensation but have not received it will lose their right to receive the guaranteed compensation.